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MHN 507E
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Course Information
Course Name
Turkish
Mühendislik Ekonomisi
English
Engineering Economics
Course Code
MHN 507E
Credit
Lecture
(hour/week)
Recitation
(hour/week)
Laboratory
(hour/week)
Semester
-
3
3
-
-
Course Language
English
Course Coordinator
Cengiz Kahraman
Course Objectives
The engineers should use some systematic techniques while making economic decisions. These techniques are related to the time value of money.
Course Description
Time value of money, simple interest, compound interest, effective and nominal interest, present worth analysis, annual worth analysis, rate of return analysis, benefit/cost ratio analysis, payback period analysis, replacement analysis, sensitivityanalysis, simulation, depreciaition and tax considerations
Course Outcomes
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